None of us like to lose, especially when you’ve put lots of time and effort (not to mention bucks if you’ve paid for professional help) into creating a tender response submission. As hard as it is to miss out though, this is a golden opportunity to seek feedback so you can get some clues as to what you could do better next time.
6 Reasons Why Incumbents Lose Tenders
So you’ve been enjoying a lucrative Government or Commercial contract but the contract term is coming to a close and you have to get on the tender merry-go-round once again. But all too often I see the incumbent fail - and I usually end up talking to them 3 years later when the contract is again up for tender. So what goes wrong? I’ve reviewed loads of tenders prepared by the incumbent service provider and I can tell you a few common issues I see time after time.